**[glassnode: "Strong Selling Pressure Since '1011' Crash Has Subsided, Potentially Indicating Trend Reversal"]** BlockBeats news, October 27, glassnode released a market perspective stating that since the "1011" crash, spot and futures CVD (Note: CVD stands for Cumulative Volume Delta, a technical indicator used in trading to measure the net difference between buy (active buy) and sell (active sell) volumes over a period of time, helping traders assess market sentiment, buying/selling pressure, and potential price reversals or divergences) have flattened for the first time, indicating that the strong selling pressure of the past few days has subsided. Funding rates remain below the neutral level of 0.01%, suggesting there are no excessive long positions or bubbles. In fact, funding rates have dropped significantly multiple times over the past two weeks, indicating participants are leaning toward caution. Various signs suggest that aggressive selling pressure has actually peaked. These extreme sentiments often signal opportunity zones for trend reversals.